Van Kampen Announces New Management Teams, Proposes Fund Mergers

Aggressive Growth, Select Growth and Strategic Growth to Close to New Investors October 10, 2007

At Van Kampen Investments we believe a commitment to excellence is essential for consistent, long-term success. Rigorous evaluation of our product line is, therefore, a vital part of our management process. After careful consideration, the Board of Trustees for several Van Kampen funds has approved changes to the funds’ portfolio management teams. Effective September 20, 2007, the U.S. Growth team will assume day-to-day management responsibilities for Van Kampen’s:

• Aggressive Growth Fund
• Select Growth Fund
• Strategic Growth Fund ¹
• LIT Aggressive Growth
• LIT Strategic Growth

In conjunction with this decision, the Board also approved a series of fund mergers, subject to shareholder approval, including:

• Aggressive Growth Fund to merge into Mid Cap Growth Fund
• Select Growth Fund to merge into Equity Growth Fund
• Strategic Growth Fund ¹ to merge into Pace Fund

The funds were previously managed by the Van Kampen Multi- Cap Growth team. Former team members Gary Lewis, Dudley Brickhouse and Janet Luby have left the firm to pursue other opportunities.

Matthew Hart and Scott Miller, current members of the Van Kampen Small-Cap Growth team, will continue the day-to-day management responsibilities for Van Kampen Small-Cap Growth Fund.

• Matthew Hart, executive director, joined the firm in 1997 and has 14 years of financial industry experience
• Scott Miller, vice president, joined the firm in 2001 and has five years of financial industry experience

The U.S. Growth team will manage the funds in accordance with the current investment objectives and strategies as outlined in each fund’s prospectus. Members of the team ² responsible for the day-to-day portfolio management of Van Kampen Aggressive Growth Fund, Strategic Growth Fund, LIT Aggressive Growth and LIT Strategic Growth include:

• Dennis Lynch, managing director, joined the firm in 1998 and contributes more than 13 years of investment industry experience
• David Cohen, managing director, joined the firm in 1993 and has 19 years of experience
• Sam Chainani, executive director, joined the firm in 1996 and leverages 11 years of financial industry experience
• Alexander Norton, executive director, joined the firm in 2000 and brings 12 years of investment experience to the team
• Jason Yeung, executive director, joined the firm in 2002 and has ten years of investment experience

Kristian Heugh and Alexander Umansky will have day-to-day management responsibilities for Van Kampen Select Growth Fund. .

• Kristian Heugh, executive director, joined the firm in 2001 and has six years of financial industry experience
• Alexander Umansky, executive director, joined the firm in 1995 and has 10 years of investment experience

On October 10, 2007, Van Kampen’s Aggressive Growth Fund, Select Growth Fund and Strategic Growth Fund will close to all new investors but will remain open to existing shareholders.

In November 2007, shareholders will receive proxies for the proposed mergers. The proxies will outline a tentative date when each fund will close to all investments. These dates are subject to shareholder approval and may change.

We believe these changes will help reduce the funds’ overall expenses, position the funds more competitively within the marketplace, and allow for a more streamlined product offering.

¹ Prior to August 2006, the fund was known as Emerging Growth Fund.

² Team members may change at any time without notice.

For further information, please contact your financial advisor or call Client Relations at (800) 847-2424. For fund information, please visit the literature section of the web site.